International Drawdown Managed Equity ETF (BATS:IDME) Shares Up 0.6% – Should You Buy?

International Drawdown Managed Equity ETF (BATS:IDMEGet Free Report) shot up 0.6% during trading on Friday . The stock traded as high as $20.60 and last traded at $20.55. 27,859 shares traded hands during trading, The stock had previously closed at $20.43.

International Drawdown Managed Equity ETF Stock Performance

The firm’s 50-day moving average price is $20.57 and its two-hundred day moving average price is $20.95. The stock has a market cap of $83.59 million, a price-to-earnings ratio of 11.68 and a beta of 0.59.

About International Drawdown Managed Equity ETF

(Get Free Report)

The International Drawdown Managed Equity ETF (IDME) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds which selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with a downside hedge. IDME was launched on Jul 22, 2021 and is managed by Aptus.

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